News
Geely Auto completes 66% of revised 2020 sales target as of Sept.
Geely Auto completes 66% of revised 2020 sales target as of Sept.

Geely Automobile Holdings Limited (called “Geely Auto” for short) and its subsidiaries sold a total of 126,365 new vehicles in September, an increase of roughly 11% from the year-ago period and up around 11% from the previous month.

Oct. 9 , 2020
NIO China’s headquarters launched in Hefei
NIO China’s headquarters launched in Hefei

NIO China’s Hefei-based headquarters was officially put into operation on October 9.

Oct. 9 , 2020
China’s Vehicle Inventory Alert Index drops 4.6 percentage points YoY in Sept.
China’s Vehicle Inventory Alert Index drops 4.6 percentage points YoY in Sept.

China’s Vehicle Inventory Alert Index stood at 54% in September, which rose 1.2 percentage points compared to the previous month, while dropped 4.6 percentage points over the previous year, according to the China Automobile Dealers Association.

Oct. 9 , 2020
GAC Group, Huawei step up strategic cooperation in ICV field
GAC Group, Huawei step up strategic cooperation in ICV field

GAC Group and Huawei Technologies Co.,Ltd. signed an agreement on September 29 to cement their strategic collaboration in intelligent vehicle field, according to a posting via GAC Group’s WeChat account.

Sep. 30 , 2020
China’s Jan.-Aug. imported auto volume drop 26.6% year on year
China’s Jan.-Aug. imported auto volume drop 26.6% year on year

For the first eight months of 2020, China imported a total of 515,000 vehicles (including chassis), posting a year-on-year decrease of 26.6%, and saw the year-to-date import value of automobiles reach 172.42 billion yuan ($25.311 billion).

Sep. 29 , 2020
Bright spots of Auto China 2020: Japanese automakers highlight electrified models
Bright spots of Auto China 2020: Japanese automakers highlight electrified models

Electrification is one of major themes conveyed by the ongoing Beijing International Automotive Exhibition (the Auto China 2020). Among 785 models exhibited on the motor show, over 160 are electrified models.

Sep. 29 , 2020